HDFC Q3 Results: NII Jumps 26%; Profit Surpasses Estimates
Feb 02 2021, 11:39 PM
February 02 2021, 3:32 PM
February 02 2021, 11:39 PM
Housing Development Finance Corp.âs third-quarter profit fell as it set aside higher provisions and reported a one-time gain a year earlier. Still, earnings beat estimates.Net profit of the nationâs largest mortgage financier declined 65% year-on-year to Rs 2,926 crore in the three months ended December, according to an exchange filing. That compares with the Rs 2,712-crore consensus estimate of analysts tracked by Bloomberg.The comp.
Housing Development Finance Corp.âs third-quarter profit fell as it set aside higher provisions and reported a one-time gain a year earlier. Still, earnings beat estimates.
The NSE Nifty 50 index rose 2.14% to 14,586.55 by 0352 GMT, while the benchmark S&P BSE Sensex was up 2.1% at 49,621.80. , , share markets, stock market, sensex, nifty, equity investments
Budget to boost investment, stock indices make major gains
02 Feb 2021 An employee works in a share trading firm in Kolkata. Agence France-Presse
India’s key stock markets continued their bull run during Tuesday’s trading session as budget decisions continued to boost positive sentiments. Sensex of the Bombay Stock Exchange (BSE) closed at 49,797.72, higher by 1,197.11 points or 2.46 per cent from its previous close of 48,600.61. It opened at 49,193.26 and has touched an intra-day high of 50,021.59 and a low of 49,193.26 points
The Nifty50 on the National Stock Exchange (NSE) closed at 14,647.85, higher by 366.65 points or 2.57 per cent from its previous close.
Investing community continued to cheer the fact that the budget did not announce any additional burden in terms of taxes or cess on citizens and corporates. Amongst sectors, buying was witnessed in Media, Banking and Auto indices.
Published January 31. 2021 2:32AM
Graham Rayman and Thomas Tracy, New York Daily News
NEW YORK Plans to renovate a languishing, city-owned Harlem apartment building went up in smoke after a massive fire tore through the property Saturday morning injuring almost two dozen firefighters battling the blaze in the frosty January air.
The flames erupted in an empty first-floor apartment at the West 115th Street building located about a half block from Morningside Park around 7:30 a.m. as temperatures dropped to 20 degrees, officials said.
“I heard someone say ‘Fire! Fire!’ but I’m thinking like maybe it’s another building,” third-floor resident Samiya Robinson told the Daily News. “I opened the front door and it was just like smoking.”